K 2 TOTALBYG ApS — Credit Rating and Financial Key Figures

CVR number: 12584075
Rønnedevej 7 C, 4640 Faxe

Credit rating

Company information

Official name
K 2 TOTALBYG ApS
Personnel
2 persons
Established
1988
Company form
Private limited company
Industry

About K 2 TOTALBYG ApS

K 2 TOTALBYG ApS (CVR number: 12584075) is a company from FAXE. The company recorded a gross profit of -389.5 kDKK in 2023. The operating profit was -491.7 kDKK, while net earnings were -582.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. K 2 TOTALBYG ApS's liquidity measured by quick ratio was 1.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit192.13- 119.22-78.58- 368.82- 389.51
EBIT- 362.57- 286.95- 218.39- 501.30- 491.69
Net earnings-1 173.54- 249.49-1 109.34754.31- 582.73
Shareholders equity total11 694.6111 445.1210 335.7711 090.0910 507.36
Balance sheet total (assets)15 919.3016 200.0514 754.3615 689.2015 265.17
Net debt-1 572.25- 912.07-1 664.77-2 794.52-2 296.46
Profitability
EBIT-%
ROA-2.0 %0.9 %-0.5 %9.7 %-1.6 %
ROE-8.2 %-2.2 %-10.2 %7.0 %-5.4 %
ROI-2.0 %1.0 %-0.5 %9.8 %-1.6 %
Economic value added (EVA)- 975.91- 541.46- 490.15- 598.25- 586.30
Solvency
Equity ratio73.5 %70.6 %70.1 %70.7 %68.8 %
Gearing34.6 %36.8 %41.9 %40.8 %44.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.71.51.61.5
Current ratio1.81.71.51.61.5
Cash and cash equivalents5 621.315 123.095 999.207 318.516 998.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:-1.57%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.8%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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